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Proposed Rule Clarifies Role of Supervisory Guidance for Financial Institutions

On October 20, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer...more

OCC Finalizes Bright-Line “True Lender” Rule

On October 27, the Office of the Comptroller of the Currency (OCC) issued its final rule on how to determine when a national bank or federal savings association (referred to collectively as a national bank) is the “true...more

10/29/2020  /  Banking Sector , FDIC , OCC , True Lender
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